Videogames Company TinyBuild Plans London Float
23 February 2021 - 8:08PM
Dow Jones News
By Adria Calatayud
Videogames company tinyBuild Inc. plans to list on London's
junior AIM market in mid-March, according to a filing published
Tuesday.
The Delaware-incorporated company, founded in 2013, has staff
across offices in the U.S., the Netherlands and Latvia. TinyBuild
didn't confirm whether it plans to raise funds as part of its
listing and didn't provide its anticipated market capitalization on
admission, according to the filing.
TinyBuild has published a number of games and has a pipeline of
23 titles scheduled to be released in the next two years.
Before admission, Chief Executive Alex Nichiporchik holds a
61.1% stake in the company, while a subsidiary of Chinese tech
company NetEase Inc. has a 14.3% stake, according to the
filing.
Zeus Capital Ltd. is acting as nominated adviser and joint
broker, while Joh. Berenberg, Gossler & Co. KG is also acting
as joint broker, the filing showed.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
February 23, 2021 03:53 ET (08:53 GMT)
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